24/100B78.150
USD
0.51
(0.66%)
Post Trading·77.825USD-0.325(-0.42%)
Last updated: · Delayed 15 min
Baidu financials
Not at the moment. Baidu lost 3.69B CNY over the last twelve months. It made a profit in 23 of its 23 fiscal years since 2003.
- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 127.23B CNY
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- -3.69B CNY
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- -13.26B CNY
- Cash and short-term investments
- 166.48B CNY
- Total debt
- 112.94B CNY
- Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.
- 271.85B CNY
Cash, debt and equity as of 30 Jun 2026.
Baidu earnings
Next earnings · Q3 FY2026
EPS estimate
0.85 USD
Revenue estimate
4.60B USD
Last quarter · Q2 FY2026
EPS1.06Missed -29.8%Revenue4.61BMissed -1.4%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2028 | 1.52 | — | — | — | 5.74B | — | — | — | |
| Q4 FY2027 | 1.50 | — | — | +21.69% | 5.21B | — | — | +5.10% | |
| Q4 FY2026 | 1.23 | — | — | -18.78% | 4.96B | — | — | +5.91% | |
| Q3 FY2026 | 0.85 | — | — | -45.51% | 4.60B | — | — | +5.15% | |
| Q2 FY2026 | 1.51 | 1.06 | -29.80% | -44.21% | 4.68B | 4.61B | -1.43% | +1.07% | |
| Q1 FY2026 | 1.87 | 1.75 | -6.42% | -31.37% | 4.54B | 4.65B | +2.34% | +4.30% | |
| Q4 FY2025 | 1.39 | 1.52 | +9.35% | -42.21% | 4.67B | 4.68B | +0.24% | +0.15% | |
| Q3 FY2025 | 1.20 | 1.56 | +30.00% | -33.90% | 4.66B | 4.38B | -6.06% | -8.44% | |
| Q2 FY2025 | 1.74 | 1.90 | +9.20% | -34.26% | 4.33B | 4.56B | +5.26% | -2.30% | |
| Q1 FY2025 | 1.96 | 2.55 | +30.10% | -7.61% | 4.68B | 4.46B | -4.78% | -7.77% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 7.99 | — | — | +22.00% | 22.49B | — | — | +10.31% |
| FY2027 | 6.55 | — | — | +22.97% | 20.38B | — | — | +6.27% |
| FY2026 | 5.33 | — | — | -29.23% | 19.18B | — | — | +6.10% |
| FY2025 | 7.76 | 7.53 | -2.98% | -29.23% | 18.45B | 18.08B | -1.99% | -4.64% |
| FY2024 | 9.86 | 10.64 | +7.87% | -6.09% | 18.20B | 18.96B | +4.17% | +0.41% |
| FY2023 | 10.71 | 11.33 | +5.81% | +30.08% | 19.05B | 18.88B | -0.88% | +3.28% |
| FY2022 | 8.19 | 8.71 | +6.38% | +3.94% | 17.71B | 18.28B | +3.22% | -5.15% |
Baidu growth and profitability
Full income statement- Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.
- 127.23B CNY
- Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
- -3.69B CNY
- Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.
- 40.87%
- Operating margin
- 6.91%
- Net margin
- -2.90%
Revenue / Net income
Revenue Net income Net margin
Baidu revenue breakdown
By product
FY2025
52.6%Online Marketing Services47.4%Other Revenue Other
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Online Marketing Services | 67.84B | 52.6% | -16.5% |
| Other Revenue Other | 61.24B | 47.4% | — |
By region
FY2014
99.5%China
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| China | 48.79B | 99.5% | — |
| Non Peoples Republic Of China | 258.42M | 0.5% | +276.0% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Baidu financial health
Full balance sheet- Cash and short-term investments
- 166.48B CNY
- Total debt
- 112.94B CNY
- Net cash
- 53.54B CNY
- Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.
- -13.26B CNY
- Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
- 2.33
- Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
- 0.42
- Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.
- 5 / 9
- Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.
- 1.18
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Baidu valuation
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 14.67
- Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.
- 1.39
- Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.
- 0.65
- EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.
- 17.69
Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.
Market capitalization
26.60B USD
+
Total debt
16.93B USD
−
Cash and short-term investments
24.96B USD
=
Enterprise value
18.58B USD
Valuation over time
P/EForward P/EForward P/E · Estimate
Baidu against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Reddit, DoorDash, Pinterest, Match Group, Snap, and Zillow Group, Inc. Class A, the US Internet Content & Information companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- Gross marginLowest in 5 years43.9%43.9%51.7%Against its peers: 7 of 7Peers' median 73.5%
- Operating marginLowest in 5 years-4.5%-4.5%16.2%Against its peers: 6 of 7Peers' median 6.4%
- Net marginLowest in 5 years4.3%4.3%17.8%Against its peers: 5 of 7Peers' median 8.3%
- Return on equityLowest in 5 years2.1%2.1%9.0%Against its peers: 4 of 6Peers' median 8.8%
- Free cash flow marginLowest in 5 years-12.7%-12.7%18.8%Against its peers: 7 of 7Peers' median 22.6%
- Revenue growthLowest in 5 years-3.0%-3.0%16.3%Against its peers: 7 of 7Peers' median 15.7%
- EPS growthLowest in 5 years-82.2%-82.2%177.8%Against its peers: 4 of 4Peers' median 17.8%
- Debt to EBITDAHighest in 5 years3.15×1.53×3.15×Against its peers: 5 of 6Peers' median 1.60×
- Current ratioLowest in 5 years1.761.763.01Against its peers: 5 of 7Peers' median 3.34
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Baidu ownership
- InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 17.51%
- Institutional holders
- 565 (+1)
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 79.74%
Who owns the shares
Institutions 17.5% Others 82.5%
As of 30 Jun 2026
Shares free to trade
Free float 271.46M shares ·79.7% Closely held 68.97M shares ·20.3%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 0 | 0 | 3.62M | 1.53M |
| Q2 2026 | 0 | 1 | 0.00 | 122.58K |
| Q1 2026 | 0 | 0 | 0.00 | 0.00 |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Baidu's financials
Source: Financial Modeling Prep